AE ELEKTRO AS: årsregnskap 2021 vs 2020
Grew 81% on revenue, returned to profit
approved 2022-05-20; registry 2022-06-30; journal 2022 557332
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AE ELEKTRO AS. Revenue 329.0k NOK → 596.9k NOK (+81.4%). Net result -1 076 NOK → +5 314 NOK. Equity 278.0k NOK → 283.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AE ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 329.0k NOK to 596.9k NOK (+81.4% YoY). Calculated
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↑
Operating result improved
Operating result -1 437 NOK → +5 942 NOK (op. margin -0.4% → 1.0%). Calculated
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Turned profitable
Net result flipped from a loss of 1 076 NOK to a profit of 5 314 NOK. Calculated
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↑
Equity strengthened
Book equity 278.0k NOK → 283.3k NOK (equity ratio 91.2% → 74.2%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 159.2k NOK → 94.4k NOK (-40.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 10.1k NOK → 58.7k NOK (3% → 10% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 169.5k NOK → 341.7k NOK (+101.6% YoY). Calculated